property
something owned; any tangible or intangible possession that is owned by someone
Research draft, second pass
A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.
written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify
Researched by: Claude
Purpose and description
Let an agent handle property by object, owner, kind of right and evidence of title, and not confuse ownership with possession or use.
Something owned; any tangible or intangible possession that belongs to someone, such as land, buildings, goods, money or intellectual property, together with the rights of ownership over it.
What it is for: Allocating control over things to people and organisations, enabling use, trade and security.
It can be own, buy, sell and inherit it; register title, for land and some goods; lease or lend it, keeping ownership; protect it, through law against theft and trespass.
Distinguishing features
A thing plus the rights over it
Real property (land) and personal property are treated differently
Ownership differs from possession and use
Intellectual property is intangible property
What it looks like
Anything that can be owned; ownership itself is invisible and shown by documents and registers.
How it is recognised
Title deeds, registration certificates and receipts
Land registry entries
Possession does not prove ownership
Related models
is evidenced by - deeds and certificates
is owned by - owners
includes - kinds of property
is confused with - a homonym for a characteristic
In practice
Families and kinds
real property: land and buildings, freehold and leasehold
personal property: goods and belongings
financial property
intellectual property
Identifiers
land registry title number jurisdiction-specific real property
cadastral parcel id jurisdiction-specific land parcels
Standards and regulation
Property and land registration law
Protocol 1 Article 1 ECHR on protection of property
Intellectual property law
Failure modes and hazards
Title fraud
Disputes over boundaries or ownership
Assuming possession means ownership
Analytical facets
- substance
- social
- origin
- conceptual
- agency
- inert
- mobility
- not-applicable
- scale
- not-applicable
- affordances
- observable
Also called
+45
Where this came from
oewn:2024 · CC BY 4.0
Drafted structure
Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 16 questions.
Object and kind What is owned.
Kind of property decides the rules.
Object
The thing owned.
Object
The property itself.
- What exactly is the property? definition
- Is it real, personal or intellectual property? definition
Value
Worth.
Valuation
The value and method.
- What is it worth, by which valuation? measurement
- When was it valued? provenance
Ownership Who owns it and how.
Ownership needs evidence.
Owner
Title holder.
Title
The owner and title.
- Who holds title, according to which register or document? provenance
- Are there co-owners? definition
Rights
Freehold, leasehold, encumbrances.
Rights
The rights and burdens.
- Which rights does the owner hold? definition
- Are there mortgages, liens or easements? boundary
Transfer Buying, selling, inheriting.
Transfers must follow legal form.
Sale and purchase
Conveyancing.
Transfer process
How it is transferred.
- How is this property transferred legally? definition
- Which taxes apply? boundary
Inheritance
Succession.
Succession
Succession rules.
- How does this property pass on death? definition
- Which law governs succession? provenance
Protection Safeguarding property.
Law and registration protect owners.
Fraud
Title fraud.
Fraud prevention
Protections against fraud.
- How can the owner protect against title fraud? action
- Who to contact if fraud is suspected? action
Disputes
Boundaries and claims.
Dispute route
How disputes are resolved.
- How are ownership or boundary disputes resolved? action
- What evidence is needed? provenance
What the second pass must settle
- Should kinds of property be separate entries?
- How should agents confirm ownership before acting?
- How should the attribute sense be kept separate?